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* Today's Sector Analysis: "Banking  " Institutional Technical Viewpoint
Buy Alert!
Oracle Corp
(ORCL):
$32 1/4 Stop. $29 3/4 P-Stop $49 1/2 P-Objective
Dow Jones Ind: 10,945.75 plus 299.60 points Jan 3, 2001 * Price Objective: 13,500
Volume Two No. 1194
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
1/4/01
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PRICE
OBJ
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CLOSE
PRICE
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* C
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CITIGROUP
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BUY!
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* RSI: 64
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$55.12
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$52.38
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$67.50
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$55.00
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EDS
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ELECTRONIC DATA SYSTEMS
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BUY!
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* RSI: 61
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$59.87
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$57.12
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$70.00
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$59.25
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HD
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HOME DEPOT INC
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BUY!
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* RSI: 69
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$51.62
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$48.87
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$62.00
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$51.31
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* JPM
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JP MORGAN CHASE
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BUY!
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* RSI: 68
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$51.12
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$48.38
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$72.00
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$50.62
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MU
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MICRON TECHNOLOGY
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BUY!
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* RSI: 62
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$42.50
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$39.87
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$66.00
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$41.31
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NVLS
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NOVELLUS SYSTEMS
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BUY!
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* RSI: 65
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$42.25
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$39.75
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$52.50
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$41.56
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WMI
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WASTE MANAGEMENT
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BUY!
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* RSI: 69
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$28.75
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$26.75
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$36.25
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$28.50
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WMT
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WAL-MART STORES
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BUY!
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* RSI: 68
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$58.87
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$56.12
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$69.00
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$58.31
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Banking
BAC: $50 1/8 FBF: $40 1/8 ONE: $39 7/8
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Buy Alerts
BRW: $24 5/8 CMOS: $27 1/8 TNE: $24 1/4
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MOTOROLA INC
(MOT-NYSE):
Technical Viewpoint: From a low
of $15.81 on Dec 7, 2000 prices
rallied, reaching a
high of $22.00
on Dec 11, 2000. A
decline saw prices pull back, reaching a
low of
$17 1/4 on Dec 21, 2000.
Another rally saw prices penetrate
resistance, closing 1/3/01
at $24.31. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 22, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $21.69. Resistance: Is at $26 1/4.
Point & Figure: Reversed to the upside on Dec 26, 2001. A P&F upside
reversal takes place at $21 3/4. Summary: Technical indicators have turned bullish. BUY! MOTOROLA INC
(MOT-NYSE) @ $24 1/2 Stop: Use a protective stop of $22 1/2.
MOTOROLA INC is currently trading @ $24.31 plus $4.06 on Jan 3, 2001. Price Objective:
$34.00. Risk/Reward: $2.00 VS. $9 1/2. Today's Risk Reward Ratio: 5:1
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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